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Unit 3311 at NO55 Mercer Condos

Sold

55 Mercer Street 3311, Toronto, ON M5V 3W2

MLS #C12771636

$760,000

Sold on March 31, 2026

March 31, 2026

Originally listed at $799,000 36 days on market

About This Property

If downtown Condos had a "main character" 55 Mercer St, would be it. Sitting in the heart of the city and commanding its pulse, this south facing 2 bed, 2bath delivers skyline dominance with clear, unobstructed views of the CN Tower, Rogers Centre, and the lake-the ultra rare trifecta almost no one in the core can claim. In a high-end building stacked with elevated amenities-hotel level concierge, a polished fitness centre, lounges, coworking zones, entertainment spaces, and even an outdoor urban half court basketball setup with park style gym you're wrapped in a curated, premium urban lifestyle. Step outside and you're instantly plugged into Toronto's bloodstream: the PATH, world class hospitals, the Financial District, King West, the Entertainment District, and connect to every major transit artery with convenience. And with the condo market priced down and flirting with a bottom, this is the moment to stake your claim in the centre of it all before everyone catches on and price momentum builds. This isn't just a home-it's a power move in the heart of the city.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($603/mo) and property tax ($4,329/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,065/sqft
Waterfront Communities C1
$894/sqft+19.1%
Toronto C01
$883/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerYes
Heating TypeFan Coil
StyleApartment
Ensuite LaundryYes
Corp #TSCC-316
MLS Size700-799
Listed OnFeb 8, 2026
Maintenance Fees$603/month
Property Tax$4,329/year

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Unit 3311 History

Complete transaction history for this unit

Leased

Leased: Mar 31, 2024

$3,100/mo

6 days on marketLease
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Price History

Original List Price

$799,000

Listed on Feb 8, 2026

Sold Price

$760,000

Sold on Mar 31, 2026

-$39,000

-4.9%

36 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameNO55 Mercer Condos
Address55 Mercer Street, Toronto C01
Parking TypeUnderground

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About Unit 3311 at NO55 Mercer Condos

Unit 3311 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 700-799 square feet located at NO55 Mercer Condos, 55 Mercer Street, Toronto C01. This unit is currently sold (sold for $760K).

About NO55 Mercer Condos

NO55 Mercer Condos is located at 55 Mercer Street, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C1 Neighbourhood

This unit is located in Waterfront Communities C1, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at NO55 Mercer Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 3311 NO55 Mercer Condos Toronto C01

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